303 Sorrel StDuncanvilleTX75137
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Duncanville at 303 Sorrel St, Duncanville, TX, 75137 priced at $375,000 converts $3,074/mo rent into $408/mo cash flow after a $1,835/mo obligation. Total monthly income equals $3,074/mo, and annual cash flow totals $4,893/yr on $124,313 invested. Return on cash invested prints 23.85% in year one, and rental yield reads 9.84% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 125.15% and total cumulative return in cash sums $155,583. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,074/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 2005
6,564 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75137, Duncanville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,119 (100%) |
| Owner Occupied HU | 4,924 (69.2%) |
| Renter Occupied HU | 1,936 (27.2%) |
| Vacant Housing Units | 259 ( 3.6%) |
| Median Home Value | $324,010 |
| Average Home Value | $359,358 |
Housing Distribution
Address Breakdown
Residential
7,064
Single Family
6,418
Multi-Family
646
Businesses
420
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Listed by: Chocka Smally • Rocha and Associates, Realtors
Mls Name: NTREIS
Mls ID: #21168868